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Renovated Storefront Property
New
For Sale
$1,200,000

1930 Hilton Rd, Ferndale, MI 48220

A full renovation gives the space an updated presentation.

Property SizeContact for details
Days on Market5

Property Features for 1930 Hilton Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Detroit
Listed By: Steven Badgero · License #6501355671
Source: Colliers
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 14 at 7:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Detroit

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Investment Insights

Based on property information with market context.

The storefront space at 1930 Hilton Rd has undergone a full renovation.

Key Highlights

  • The storefront space has been fully renovated

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Dental Office Law Firm Computer & Electronic Repair Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,009
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Dining 27% Home Improvements & Furnishings 1%
7-Eleven Shops & Services
9,487 visits/mo 0.1 miles
BP Shops & Services
7,737 visits/mo 0.1 miles
Little Caesars Pizza Dining
6,973 visits/mo 0.4 miles
Mobil Shops & Services
3,991 visits/mo 0.5 miles
SUBWAY Dining
3,526 visits/mo 0.4 miles

Demographics for 48220, MI

21,564
Population
12,003
Households
1.8
Avg Household Size
37
Median Age
53%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
4,901
Density / Sq Mi
$86,095
Median Household Income
$54,557
Median Earnings
$1,191
Median Rent
$229,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Kyle's Floral Studio Inc — 1031 hilton rd, ferndale, mi 48220
  • 1-800-Flowers — ferndale, mi 48220

Frequently Asked Questions

What type of property is this?
Storefront property - A full renovation gives the space an updated presentation.
Where is this storefront property located?
The property is located at 1930 Hilton Rd Ferndale, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: The storefront space has been fully renovated
More about this property
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